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The gold market has had an unbelievable initial fifty percent of 2018 with prices rising 18.5% to their highest degree given that 2011. However, the precious metal still has a great deal of possible to relocate higher in the 2nd half of the year, according to one market expert.
In a meeting with Kitco News, Lukman Otunuga, elderly market researcher at FXTM, said that gold has the potential to rally to $1,900 an ounce by the end of the year and hit all-time-highs by 2021.
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Gold prices have room to move higher in H2 – FXTM
The gold market has had an incredible first half of 2018 with prices rising 18.5% to their highest level since 2011. However, the precious metal still has a lot of potential to move higher in the second half of the year, according to one market analyst.
In an interview with Kitco News, Lukman Otunuga, senior market researcher at FXTM, said that gold has the potential to rally to $1,900 an ounce by the end of the year and hit all-time-highs by 2021.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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